923 Fifth Avenue is one of the few white-glove condominiums on Fifth Avenue, in the heart of the prestigious Upper East Side. There is no Board Approval required for purchase, and both financing and subletting are allowed. Just as a vivid fancy-colored diamond is intense, Apartment 15B is exceedingly rare. Offered for the first time in 24 years, 15B is in the front of the building, facing Central Park, with a private, setback outdoor patio for the most incredible views. Nestled between 923 Fifth Avenue's two major A and C-lines, the B-line feels like a five-star hotel suite, measuring a spacious 1200 square feet, with a huge oversized primary bedroom. At 923 Fifth, the three Park-facing lines, the A, B, and C lines, are the most valuable and rarely for sale. Most Fifth Avenue architects place the grandest apartments up front, and, all things considered, Apartment 15B would be impossible to duplicate today. For the pied a terre buyer or ex-New Yorker, 15B is a highly desirable alternative to a hotel or club. For co-op down-sizers, it's the perfect white-glove, high-service UES location, and for investors, an enduring and strategic luxury asset. In preparing the property for sale, the owners have restored the apartment to an immaculate "white box" state, with fresh paint and refinished floors. Many original details, such as custom fixtures in both bathrooms, and period built-ins in the second bedroom, were left intact. There are no summer work rules for renovators. There is a large, gracious entry foyer, king-sized primary suite, a secondary bedroom, two full baths, a windowed galley kitchen, original herringbone hardwood floors, thru-wall A/C, and generous, deep storage space throughout. Pets and in-unit washer/dryers are allowed. Located on the corner of East 73rd St and Fifth Avenue, this Lenox Hill location is arguably second to none, with delightful destinations in every direction. In-person showings by appointment are welcomed 11-4pm Monday-Friday with 24-hr notice. 923 Fifth does not allow weekends showings. The views from 15B are transformational -- seeing is believing!
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Our Executive Mortgage Banker:
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$5,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,400,000 | $4,400,000 | $4,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.697% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,677 | $27,811 | $37,130 |
Total Monthly Payment | $25,802 | $27,936 | $37,255 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.